Hong Kong climbs to No.3 in the world’s most competitive economies, driven by innovation, infrastructure, and global connectivity.
Xia meets business leaders, visits Ocean Park
A top Beijing official overseeing Hong Kong affairs visited Ocean Park and Lamma Island on day three of his inspection trip to Hong Kong. Xia ...
Hong Kong buyers forfeit deposits on Grand Mayfair project after 25% market slump
Several buyers of flats at Grand Mayfair II – a high-rise residential project in Yuen Long, New Territories – have cancelled their contracts after a market slump eroded home prices in the area by ...
Hong Kong biotech stock surges 56,000% with no revenue, CEO becomes mega-billionare overnight
A Hong Kong company developing herbal treatments for ADHD has seen its stock price surge over 56,000% this year following a 38-for-1 stock split, despite having no revenue and ongoing losses.
Hong Kong stocks slide to 2-week low as Fed sees inflation risk amid Middle East tensions
Hong Kong stocks dropped to a two-week low after the Federal Reserve flagged increasing inflationary risk for the economy and the conflict in the Middle East jeopardised global oil supply. The Hang ...
Former Hong Kong exchange CEO Charles Li aims to list start-up in small-firm financing
Li’s Micro Connect is among six companies that filed for listings on Wednesday, joining 200 companies waiting to list in the city.
Hong Kong to study Beijing’s monetary policy, weigh risks before issuing yuan stablecoins
We need to align our considerations with national policymaking,’ Hong Kong’s treasury chief says at the Lujiazui Forum.
Hong Kong employment bill ‘not foolproof’, may still allow worker exploitation: lawmakers
Transport sector lawmaker Frankie Yick says minibus operators will have no choice but to cut working hours, which means drivers will earn less money.
Hong Kong set to regain top IPO spot under US-China tensions
China's largest soy sauce maker, Foshan Haitian Flavouring and Food Company, rang the gong at the Hong Kong exchange on Thursday. The shares opened 3.3% above their offer price, with the listing ...
Hong Kong interest rates fall despite currency’s US dollar peg
The peg system lets the Hong Kong dollar fluctuate between 7.75 and 7.85 per U.S. dollar. When the upper or lower limit is reached, the Hong Kong Monetary Authority (HKMA), the central bank, ...
Cathay Pacific expands nonstop flights between DFW and Hong Kong
Cathay Pacific is adding more nonstop flights between Hong Kong and DFW this October. The airline currently flies nonstop between Hong Kong International and Dallas-Fort Worth four times a week, but ...
Alibaba-backed MiniMax mulls Hong Kong IPO – report
Chinese AI startup MiniMax is considering an IPO in Hong Kong, Bloomberg News reported. MiniMax, one of China’s so-called 'new AI tigers or dragons which is valued at about $3B, could aim to list as ...
Alibaba-Backed ‘AI Dragon’ MiniMax Is Said to Plan Hong Kong IPO
MiniMax is considering an initial public offering in Hong Kong, people familiar with the situation said, in what would be a landmark industry debut for a Chinese AI startup valued at about $3 billion.
Alibaba-backed Chinese AI startup MiniMax reportedly eyeing Hong Kong IPO
Chinese artificial intelligence startup MiniMax is planning an initial public offering in Hong Kong that could happen as early as this year, according to a Bloomberg report on Wednesday.